3Novices:China’s regulator rejecting IPOs at fastest pace in four years

China’s securities regulator is rejecting initial public offering applications at the fastest pace in four years, suggesting it is getting tougher on the rules introduced to improve the quality of listed companies while speeding up the approval process at the same time.
Analysts believe the China Securities Regulatory Commission is seeking a balance between easing the logjam in the IPO pipeline and boosting investor confidence.
They also regard the moves as paving the way for an overhaul…
June 13, 2017 at 05:30AM http://ift.tt/2rk1UlA
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